Financial News: Eurozone GDP Growth Fastest Since Early 2025

Eurozone GDP Growth Fastest Since Early 2025

07/30/2026 - 06:33:00 (RTTNews)

(RTTNews) - The euro area economy registered its strongest growth since the first quarter of 2025, preliminary flash estimate published by Eurostat showed Thursday.

Gross domestic product grew 0.4 percent sequentially in the second quarter after remaining flat in the first quarter. The rate far exceeded economists' forecast of 0.2 percent. The 0.4 percent expansion was the fastest since the first quarter of 2025.

On a yearly basis, GDP growth doubled to 1.0 percent from 0.5 percent. Economists had forecast the rate to remain stable at 0.5 percent.

The EU economy grew 0.5 percent from the first quarter and 1.2 percent from the same period last year.

Among member states, Ireland reported the highest quarterly growth of 3.9 percent. This was followed by Lithuania and Sweden. Meanwhile, the lowest rates were seen in Belgium and Austria.

ING economist Bert Colijn said the US-Iran war and subsequent rising energy prices have not done much to dent eurozone growth rates so far.

"But bar a prolonged period of significant re-escalation, eurozone GDP growth could well continue to motor on at a decent - though not spectacular - pace," the economist added.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

French Private Sector Growth Rebounds (13 min(s), 01 sec(s) ago)
(RTTNews) - France's private sector activity returned to growth in September and marked the fa ...Full Story»

Dutch Q2 GDP Growth Revised Higher (15 min(s), 01 sec(s) ago)
(RTTNews) - The Dutch economic growth improved more than estimated initially in the second quarte ...Full Story»

Australia Private Sector Growth Eases To 3-Month Low (01 hr(s), 19 min(s), 01 sec(s) ago)
(RTTNews) - Australia's private sector grew at the slowest pace in three months in September, ...Full Story»

Indonesia Rate Decision On Tap For Wednesday (12 min(s), 59 sec(s) ago)
(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting and then announ ...Full Story»

Slovenian Consumers More Pessimistic In September (36 min(s), 59 sec(s) ago)
(RTTNews) - Consumers in Slovenia remained slightly more pessimistic in September, and the confide ...Full Story»

Belgian Consumer Confidence Weakens In September (01 min(s), 59 sec(s) ago)
(RTTNews) - Households in Belgium expressed a more pessimistic attitude in September as they expre ...Full Story»

Spain Trade Gap Widens In July (26 min(s), 59 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in July from a year ago as imports ...Full Story»

Taiwan Export Order Growth Accelerates To 71.4% (50 min(s), 59 sec(s) ago)
(RTTNews) - Taiwan's export order growth quickened for the third straight month in August, dat ...Full Story»